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Nokia's Q4 2012: $584 million operating profit, $10.7 billion in net sales, 4.4 million Lumia phones sold
Beleaguered phone maker Nokia this morning published its financial results for the fourth quarter of 2012, reporting a $584 million (439 million euros) operating profit on $10.7 billion in net sales (8.041 billion euros).
This compared to a $754 million (576 million euro) operating loss on $9.49 billion in net sales (7.239 billion euros) in the previous quarter. Nokia says it sold 4.4 million Lumia devices, up from 2.9 million in Q3.
Overall, the Finnish company sold 6.6 million smartphones (15.9 million if you count Asha sales), down from 19.6 million (66 percent) last year. Feature phone volumes were up 4 percent quarter-on-quarter but down 15 percent year-on-year to reach 79.6 million units, Nokia said. Asha smartphones performed significantly better than Nokia’s Lumia range with sales of 9.3 million units. Symbian is all but dead, with just 2.2 million smartphones sold in the quarter.